Palace Capital (LON:PCA) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Palace Capital Plc (LON:PCAGet Free Report)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 181.16 and traded as high as GBX 188.50. Palace Capital shares last traded at GBX 188.50, with a volume of 18,004 shares changing hands.

Palace Capital Stock Down 0.3%

The business has a 50-day moving average price of GBX 181.16 and a two-hundred day moving average price of GBX 179.71. The company has a market capitalization of £29.95 million, a price-to-earnings ratio of -7.33, a price-to-earnings-growth ratio of 3.37 and a beta of 0.16.

Palace Capital (LON:PCAGet Free Report) last issued its earnings results on Thursday, June 11th. The company reported GBX (0.30) earnings per share (EPS) for the quarter. The firm had revenue of GBX 355 million during the quarter. Palace Capital had a negative return on equity of 11.17% and a negative net margin of 67.58%. On average, sell-side analysts anticipate that Palace Capital Plc will post 14.477562 EPS for the current fiscal year.

About Palace Capital

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Property investment company that has a diversified portfolio of UK regional commercial real estate in carefully selected locations outside of London

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